SUMMERDELL, CHURCH LANE, AVERHAM, NEWARK, NG23 5RB - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SUMMERDELL is a very small detached house of 61m², built sometime before 1900. It was last sold for £250,000 in January 2014, which was around 19% above the average January 2014 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2011, where the current energy rating was F, and the potential energy rating was F.

SUMMERDELL Sold Prices

Land registry data shows two sales for SUMMERDELL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. Both of the two SUMMERDELL sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 17 JAN	£250,000	£209,470	19% above HPI
2004 9 FEB	£200,000	£177,367	13% above HPI

SUMMERDELL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two SUMMERDELL sales from February 2004 and January 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2014 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is SUMMERDELL?

SUMMERDELL is 61m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in Averham, based on EPC data. The below chart shows the distribution of detached houses by size in Averham, and where SUMMERDELL lies on this distribution: Less than 1% of detached houses are smaller than SUMMERDELL, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Averham.

SUMMERDELL: Plot and Title Map

SUMMERDELL sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of SUMMERDELL, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of SUMMERDELL). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is SUMMERDELL?

SUMMERDELL is located on CHURCH LANE in AVERHAM, in the NG23 postcode district. The below map shows the position of SUMMERDELL on CHURCH LANE.